An established estate is the fruit of your hard work and sacrifice and if you do lose capacity your affairs need to be handled by people you trust. By granting a power of attorney, you are ensuring that your assets are dealt with in the manner that you choose, by people that you've chosen.
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Who needs a power of attorney?
Initiating a power of attorney is a wise decision taken by any responsible individual. This is an act that will give you peace of mind and clarity with regards to your possessions and assets. A power of attorney ensures that your wishes are implemented if you lack capacity.
The advisor at Wolverhampton Wills will help you create a power of attorney, placing family or friends as your attorney. A power of attorney document also ensures that your assets and property are well managed if you are lacking capacity or in long-term care. Get in touch with us for advice on how it's possible to plan for future care fee issues.